KazMunayGas extends contract for oil supplies to Germany until year's end

KazMunayGas, the oil and gas company of Kazakhstan, has extended the contract for the supply of oil to Germany until the end of the year, Report informs via Kazakh media.

The volume of transportation will be 100,000 tons per month.

In January-April, the volume of Kazakh oil exports to Germany via the Atyrau-Samara oil pipeline and further via the Druzhba pipeline amounted to 420,000 tons.

Kazakh oil is exported to Germany via this route under the KEBCO brand (Kazakhstan ExportBlend Crude Oil).